Sherwood, AR Foreclosures
How much do homes sell for in Sherwood, AR?
The average home price is currently $244,270.
In Sherwood, AR, how many homes are available?
There are currently 127 active home listings available in Sherwood.
What’s the average rental cost in Sherwood, AR?
The average rental price in Sherwood is $1,243.
What is the most expensive home in Sherwood?
The most expensive home sold in Sherwood had a price of $6,875,380.
What is currently the cheapest priced home in Sherwood, AR?
The cheapest home for sale in Sherwood is priced at $10,667.
Living in Sherwood, AR
Sherwood, AR, is a charming suburban city located just north of Little Rock, well-known for its family-friendly environment and vibrant community events. The city offers a balance of suburban peace with close proximity to urban conveniences, making it an ideal place to live for both families and professionals. Sherwood also features a range of parks, recreational opportunities, and quality schools.
Current Market Conditions in Sherwood, AR
The real estate market in Sherwood, AR, is currently experiencing moderate growth, with an increase in demand for single-family homes. Due to the attractive suburban lifestyle and reasonable home prices, buyers are actively seeking properties, which has led to competitive bidding in popular neighborhoods. Overall, the market is trending positively, making it a compelling option for both investors and first-time homebuyers.
In the past few months, the Sherwood real estate market has shown signs of a stable economy, with a mix of new constructions and established homes, appealing to a wide range of buyers. The demand for homes in this area often outpaces the available inventory, resulting in a steady appreciation of property values.
Home Value Estimator For Sherwood, AR
There are currently 10,258 real estate properties
in Sherwood, AR,
with a median automated valuation model (AVM) price
of $217,777.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sherwood, AR, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sherwood, AR,
is $244,270.00, with the most expensive house
in Sherwood, AR, topping out
at $6,875,380.00 and the cheapest home
in Sherwood, AR,
clocking in at $10,667.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sherwood, AR!
Rent Prices
In Sherwood, AR
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sherwood, AR, is on
a rollercoaster ride. The
average rent price in Sherwood, AR,
is $1,243.00. Indeed, when looking to rent in
Sherwood, AR, you can expect to pay as little
as $530.00 or as much
as $2,880.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Sherwood, AR
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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